There’s nothing like a new year for motivation, a fresh start to finally make some progress.
Achievement is empty and meaningless if it doesn’t make you feel fulfilled and it is important to make sure that while you’re working on your goals, you are doing it in a way that makes you happy.
In between the cricket and the rain,
I have taken the opportunity to pen some themes that I have personally found empowering in terms of achievement and happiness.
So here are my 4 Tips For Every Investor To Increase Success and Happiness.
TIP #1 – Run Your Own Race
If you’ve got your eye on what someone else is doing, you take your eye off your own ball and we all know what happens then..
We are all hard-wired to compare ourselves to others and it is the worst thing.
Have you ever been out with a group and come home feeling inadequate?
Everyone else seems to be skinnier, have perfect families, more investment properties,
more brag-worthy holidays… you get the picture.
The reality is that everyone does this to some extent and it is so counterproductive.
We are all so different so why do we make ourselves miserable by comparing ourselves?
I have friends who are working on 8 figure (Billions) goals and others who are happy just to create enough additional income to have a good holiday each year.
Try carving out your own path based on:
Then take responsibility for it,
focus on it,
be proud of it,
and most of all… NAIL IT!
And the best bit is that what others think or do is irrelevant.
Okay. So if you need some inspiration for the planning process, you may find these articles helpful:
Why New Year’s Resolutions Suck and How You Can be In The Top 3% Achievers (Part 1)
Why New Year’s Resolutions Suck and How You Can be In The Top 3% Achievers (Part 2)
TIP #2 – Get Out Of Your Comfort Zone
If you want something different to what you have now, you need to do something different to what you are currently doing.
Being comfortable is the enemy of SUCCESS, it kills creativity and drive.
It is easier to stick with the familiar.
You may have enough income to meet your commitments and live life now,
but you know that looming up there on the horizon is a time when you’re going to need to
EITHER have another means of income OR live with the consequences which can mean:
1. Taking a serious cut in your lifestyle.
2. Living with a job you hate… or
3. [Insert your own nightmare here]
The only way to get a different result is to take deliberate action which will mean getting uncomfortable.
Or is it scarier to do nothing?
If the idea totally freaks you out, here is a simple but effective strategy for expanding your comfort zone.
Now everyone is different.
One person might find the idea of actually buying their first property totally daunting.
For others, it might be the prospect of finding and managing a trade team.
For someone else, it might be the minefield of tasks you need to work out if a project is even viable.
So instead of looking on it as a big scary Elephant, do it one small bite at a time!
So getting back to the comfort zone;
Break your plan down into steps and start with the smallest step.
It might be making contact with a mortgage broker to find out how much you can borrow or having a conversation with a family member or friend about doing a joint venture. Whatever it is, set your sights on it.
Just do it, simple as that. Step out of your comfort zone and do whatever the first task on your list is.
Now this is where the magic happens. Once you have successfully moved past where you would normally be stopped, and survived, now your comfort zone will expand.
I have created a simple diagram to show you here:
TIP #3 – Ask For Help.
Now this might seem ridiculously obvious but you wouldn’t believe the number of seemly intelligent people (myself included) who will struggle along with a problem for years and not ask for help.
You’ve heard the ads “If symptoms persist, see the doctor”.
The definition of madness is doing the same thing over and over, and expecting the same result!
This showed up in two areas of my life last year or so and I finally got real and decided to “see the doctor”.
The first was in the area of sourcing properties for my projects.
I was time and focus poor.
So, I decided that if I was going to get traction,
I would need to get help.
I was able to source two projects in a very short amount of time with two brilliant Sydney buyers agents.
This means I have a supply of projects in the pipeline to speed up the execution of my goals.
The other was where I was not moving fast enough, in fact, this was much tougher and I was not moving AT ALL — weight loss.
“Lose 10kg” had been a goal for at least 5 years and at the end of every year, it was still there.
Last year, I got real. I realised I needed to get help if it was ever going to happen. I got a weight coach and this year I was able to lose the weight and tick it off the list.
Boy did that feel good!
So here are a few questions to help you work out if you need to ask for help:
Where in your life are symptoms persisting?
Have you been working on a goal for more than a year without results?
Is the goal important to you? Is it more than an 8 out of 10?
Are you missing out on opportunities as a result?